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Thanks for this insightful article, and the link--Will graze their material and learn.
As one of the economically challenged who try to tease out the central questions of economics from the mind-numbing language that often hides them, I keep getting myself in arguments over several things that seem obvious to me:

  1. That defining prosperity exclusively as growth is incredibly irrational--- think fruit flies and bottles of culture medium--, and

  2. That the continued denial of the failure of neoliberal economics--or globalization's failure to deliver on ANY of it's promises is a miracle of self-deception rivaling the warming deniers.

Or perhaps a miracle of marketing-- ice to Inuits.
Of course they cook the books.

3) A national or regional entity that fails to devise policy that maintains the local sustainability of such things as agriculture --those things that make survival possible- would be irrational and irresponsible.

On these areas, I often take a beating from the "experts"-- nice to read that "subsidiarity" , "relocalization" and "devolution" can mean what I thought they meant--to someone else besides me.    

Capitalism searches out the darkest corners of human potential, and mainlines them.

by geezer in Paris (risico at wanadoo(flypoop)fr) on Wed Sep 26th, 2007 at 03:23:45 AM EST

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